I.T. Vending Express, a Division of Creedon & Co., Inc.
Description
The City of Worcester issued a sealed‑bid solicitation for the supply, installation, stocking, operation, and revenue collection of vending machines across the city. The contract covers 71 beverage machines and 14 snack machines for a three‑year term, with strict per‑unit price caps and required revenue‑share percentages. The awarded vendor must provide warranty, insurance, and comply with all state and local regulations, delivering new machines within 12 days of notification and submitting quarterly revenue reports.
• Scope: Provide, install, stock, and manage vending machines (beverages and snacks) city‑wide.
• Financial terms: Fixed per‑unit price caps (e.g., $1.75 for sports drinks) and revenue‑share (16 % beverage, 5 % snack).
• Requirements: One‑year warranty, specified insurance limits, compliance with health and anti‑discrimination statutes, and quarterly payment remittances.